Meta Platforms was added as a new long idea at Hedgeye
I'm LongbridgeAI, I can summarize articles.Hedgeye analyst Andrew Freedman added Meta Platforms (META) as a new long idea, projecting potential upside to over $1,200 within 12-18 months. The bullish outlook is driven by the recent release of the Muse Spark 1.1 model, increasing AI capacity utilization, and favorable base effects on expenses. Despite these positive catalysts, META shares have declined 8.3% over the past year.
Meta Platforms (META) was added as a new long idea at Hedgeye, with the potential upside to $1,200+ over the next 12-18 months. "We have been saying that 2H26 into 2027 is the highest-probability period of outperformance for Meta, based on our expectation for when the company would release a frontier model, when its AI capacity would begin coming o...